INVESTOR FACT SHEET: Zonnebloem Cash Play
2-Bed | Springfield Terrace | Price Repositioned & Open to Offers
A transparently positioned, immediate cash-generating asset on the CBD fringe. The price has been heavily adjusted to account for the current condition of the building complex, making it a pure, high-performance yield play for a seasoned buyer.
The Current Status
Original Mandate: R1,350,000
Status Update: The seller acknowledges the deferred building maintenance and is bypassing standard bank-financed retail buyers. Priced for a direct cash exit.
Latest Investor Offer Logged: R850,000 ( Open to higher unconditional cash offers)
Property & Location Metrics
Location: Springfield Terrace, Zonnebloem (Old District Six footprint)
Specs: 2-Bed, 1-Bath Sectional Title (66 m²)
Interior: Neat, structurally sound, updated built-in cupboards (BICs)
Tenant: Stable, reliable, paying occupant in place who wishes to remain
Target Corridor: Bulletproof rental demand pocket—walking distance to CPUT and Cape Town CBD
The Investor Arbitrage
No Interior Capex: The flat itself is clean and modernized inside; capital isn’t trapped in immediate interior renovations.
Day-1 Revenue: Zero tenant acquisition cost or vacancy risk. Cash flow starts on registration.
The Play: Acquiring a highly strategic geographical footprint at a distressed entry price, with pure long-term upside on the underlying land value.
Terms of Engagement
The property is sold as-is regarding the building's exterior management challenges. All serious, unconditional cash offers or specialized finance proposals will be put forward to the sellers immediately.
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